An Accra High Court has sentenced a 45-year-old businessman to five years in prison.
The businessman was found guilty of defrauding a group of investors. He tricked them out of GHS 500,000.
The court convicted him on multiple charges of fraud by false pretenses.
The Judicial Service confirmed the sentence following the court's ruling.
This case highlights the risks associated with investment schemes.
Authorities urge citizens to be cautious of investment opportunities that promise unusually high returns.
Further details of the court proceedings were made available by court filings.